Development Of Digital Economy Research Articles

A Study on the Impact of European Countries' Digital Economy Development on China's Export of Communication Equipment into Europe

On the basis of combing relevant literature, this paper collects policy and data information, analyzes the status of European digital economy development and the development process and export status of China's communication equipment, this paper finds two theoretical explanation mechanisms combining product life cycle theory and consumer demand theory, which proves the correlation between the development of European digital economy and the export of Chinese communication equipment to Europe.

Exploring the Income-Increasing Benefits of Rural E-Commerce in China: Implications for the Sustainable Development of Farmers

The slowdown in income not only hinders the sustainable development of farmers but also exacerbates ecological and environmental problems. Likewise, the digital economy model represented by e-commerce has become a key path for growing farmers’ income. This article is based on 2020 China Rural Revitalization Survey data and uses the OLS and mediation effect models to examine the impact and mechanism of e-commerce operations on farmers’ income. The research results indicate that e-commerce operations can significantly improve the income level of farmers. After robustness and endogeneity tests, this conclusion still holds. The mechanism analysis results indicate that e-commerce operations promote farmers’ income growth by enhancing information acquisition, reducing operating costs, and enhancing financial support. The results of the heterogeneity analysis indicate that the impact of e-commerce on farmers’ income is heterogeneous in terms of income structure, education level, and regional distribution. Specifically, e-commerce significantly increases farmers’ agricultural operating income, non-agricultural operating income, and transfer income but significantly reduces their wage income. At the same time, e-commerce has a more significant income-increasing effect on highly educated and central and western farmers. Therefore, in promoting the development of a rural digital economy, it is necessary to improve the supporting facilities of e-commerce in rural areas; strengthen the supply of information, technology, capital, talent, and other elements; continue to improve the inclusiveness of rural e-commerce; and promote the sustainable growth of farmers’ income. The above findings not only provide new channels and ideas for farmers to increase income through e-commerce operations, but also help relevant decision-making departments to formulate new policies to promote farmers’ income growth and the development of e-commerce in China.

THE ROLE OF LEGAL REGULATION OF DIGITAL CURRENCY AS A STAGE IN THE DEVELOPMENT OF THE DIGITAL ECONOMY

Purpose of the study. Today, more and more citizens and legal entities are using new digital opportunities to carry out their activities, and the introduction of digital currency into circulation is no exception. The emergence of a new form of payment for goods and services gives rise to the need to develop effective legal regulation of digital currency circulation in order to respect the rights and interests of not only society, but also the state. The purpose of this study is to determine the role of legal regulation within the framework of the development of the country's digital economy. Conclusions. As a result of the conducted research, the author concludes that the legislator, on the one hand, seeks to improve the legal framework and develops new legislative provisions aimed at regulating the relations arising in the conditions of evolution. On the other hand, the adoption of the Federal Law of 31.07.2020 № 259 FZ «On digital financial assets, digital currency and on amendments to certain legislative acts of the Russian Federation» did not give the necessary effect, and today there is a need to continue studying such an economic institution as digital currency in order to develop additional, special rules of law that will be able to effectively regulate the circulation of digital currency in the territory of the Russian Federation.

Chinese Digital Economy: Current Situations, Problems, and Recommendations

The rapid development of the digital economy is transforming global business models and social interactions. By 2025, global e-commerce transactions are anticipated to reach $6.86 trillion, underlining the importance of the digital economy as a major force for economic expansion. China's digital economy, having reached RMB 50.2 trillion in 2023 and comprising 41.5% of its GDP, is notably advancing, catalyzing the transformation of traditional industries and fostering new business models. Significant investments in digital infrastructure such as 5G, big data centers, AI, and the industrial internet underscore China's commitment to technological innovation. Despite these advancements, challenges remain, including talent shortages, data security, and privacy concerns, as well as the digital divide. Addressing these issues involves enhancing digital talent training and introduction, improving data security regulations, and promoting coordinated regional development. This study is of great practical value in guiding policy formulation, optimizing resource allocation, and promoting the inclusive application of digital technologies, which will help promote the healthy and rapid development of China's digital economy, ensure that all levels of society can benefit from the advancement of the digital economy, and achieve comprehensive economic and social transformation and upgrading.

Research on the Coordinated Development and Optimization Path of Digital Economy and Green and Low-Carbon Consumption under the Double-Carbon Target

Research on the Coordinated Development and Optimization Path of Digital Economy and Green and Low-Carbon Consumption under the Double-Carbon Target

Digital Economy Development, Agricultural Technology Innovation and Agricultural Economy Resilience

Based on the provincial data of 2013-2022, this paper discusses the mechanism of agricultural economy resilience affected by the development of digital economy. The results are obtained by using fixed effect, intermediary effect and threshold effect as follows: (1) the development of digital economy can improve the resilience of agricultural economy, and the conclusion passes the robustness test. (2) Mechanism test shows that agricultural technology innovation indirectly acts between the digital economy and the resilience of the agricultural economy. (3) Through the threshold model, it is found that the non-linear characteristics of agricultural technology innovation appear. Therefore, in order to improve the resilience of agricultural economy, the paper puts forward suggestions on strengthening regional infrastructure construction and enhancing the support for agricultural technology innovation.

Digital economy, financial development and energy transition in Africa: Exploring for synergies and nonlinearities

The transition to sustainable energy for all is a crucial aspect of the sustainable development goals, particularly Goal 7, which underscores the need for clean and affordable energy. This requires the development of digital infrastructure and a strong financial system. As a result, this study contributes to knowledge by exploring the synergies and nonlinear effects of the digital economy and financial development on renewable energy, which remains underexplored. To this effect, this study recruits the dynamic panel threshold and the generalised method of moments estimations to evaluate the linear, synergies and nonlinearities among these factors using a panel of forty-seven African countries. The key empirical results are stated as follows: (1) renewable energy is positively impacted by the digital economy; (2) the impact of the digital economy on renewable energy is moderated by financial development. This suggests that to ensure the propelling effect of the digital economy on renewable energy, there is a need for a stable and robust financial system; and (3) the study further found nonlinear effects of the digital economy and financial development on renewable energy, which takes a U-shaped relationship, implying that low level of digitalisation and financial development may hinder the transition to renewable energy, while high levels of these factors are essential to expedite the transition to a more sustainable energy system. Hence, African countries must embrace digitalisation and commit significant financial resources to developing their digital infrastructure to facilitate the achievement of the net zero agenda.

Toward low carbon development through digital economy: A new perspective of factor market distortion

The development and application of digital technology has brought profound influences on our economic development. It is therefore urgent to measure such impact on low carbon development. This study aims to measure the impact of digital economy development among Chinese provinces by using an intermediary effects model and conducting heterogeneity analysis. The results show that digital economy can facilitate low carbon development in China by alleviating capital and labor market distortions. Industrial digitization has the greatest impact, while digital industrialization has the smallest impact. Moreover, from a region perspective, digital economy is more effective to promote low carbon development in those eastern regions, while it is critical to improve the digital economy development environment in those central and western regions. Finally, several policy recommendations are raised by considering the Chinese realities.

Digital economy and economic competitive pressure on local governments: Evidence from China

For decades, fiscal decentralization and gross domestic product growth targeting have resulted in fierce economic competition among local governments in China, putting tremendous economic competitive pressure on them. The latter has serious social and economic implications and is a major issue for policymakers. This study analyzes data from China's 30 provinces for 2011–2021. It demonstrates that digital economic development could considerably reduce economic, competitive pressure on local governments, with trade openness and entrepreneurial dynamism serving as impact mechanisms. This study also found that the alleviating effects are more pronounced in regions with a poor innovation environment, a less developed economy, or lagging human resources. These findings emphasize the important role of the digital economy in increasing regional competitiveness and reducing regional disparities.

Nitric acid dissolution of germanium overlay in hard zinc slag to enhance germanium leaching and optimization of response surface methodology

With the rapid development of global digital economy and aerospace, the gap between the supply and demand of germanium is expanding, and the establishment of a new process for the deep leaching of germanium from hard zinc slag is imminent. In this paper, on the basis of analyzing the reasons for the low germanium leaching rate from hard zinc slag, a new process of germanium leaching enhanced by HNO3 dissolution of externally wrapped ZnFe2O4 is established, and response surface optimization is carried out. The PbggGe4O7 phase in hard zinc slag is externally wrapped with ZnFe2O4 phase, and the non-reaction between ZnFe2O4 and hydrochloric acid is the main reason for the low leaching rate of germanium from hard zinc slag, so it is necessary to add HNO3 to dissolve the external ZnFe2O4 in leaching, and then use hydrochloric acid to leach the PbGe4O7 containing germanium in the interior. The potential pH diagram of the Pb-Ge-Cl-H2O system was also plotted, indicating that increasing the concentration of chloride ions during hydrochloric acid leaching contributes to the generation of GeCl4 at low acidity. When the hydrochloric acid concentration was 134.65 g/L, the liquid–solid ratio was 6, the theoretical dosage of HNO3 was 0.3, and the leaching time was 236 min, the optimum leaching rate of germanium was 93.72%, which was 23.72% higher than that of germanium leaching from hard zinc slag.

The Impact of Digital Economy Development on Improving the Ecological Environment—An Empirical Analysis Based on Data from 30 Provinces in China from 2012 to 2021

The rapid progress in science and technology has ushered in a new era of organized and efficient development within the digital economy. China has repeatedly emphasized the need for high-quality development that prioritizes ecological conservation. The central challenge is to balance economic growth with environmental protection, ensuring sustainable development. Understanding the environmental impact of the digital economy is critical for achieving green growth in China. This paper investigates the relationship between the digital economy and ecological protection, using data from 30 provinces and cities in China between 2012 and 2021. Through empirical analysis, including a two-way fixed effect model, mechanism analysis, regional difference analysis, and robustness tests, the study found a significant negative correlation between the digital economy and environmental pollution. This indicates that the development of the digital economy can effectively improve the ecological environment. In the information age, seizing the opportunities presented by the digital economy is crucial. By deepening the digital industry and leveraging digital technologies, China can enhance enterprise production, promote innovation, and create a positive feedback loop between economic development and environmental optimization. However, it is essential to recognize regional disparities in digital economy development and work to narrow these gaps, ensuring balanced and sustainable growth across the country.

How the digital economy can contribute to green manufacturing efficiency

In response to the global call to promote green production and achieve sustainable development, the proper use of the digital economy plays an important role. The deepening development of the digital economy has led to changes in the input of manufacturing factors and the structure of product demand, which in turn has led to corresponding changes in the level of green and sustainable development. This study employs a factor input-output non-expectation SBM-DEM model to assess the green manufacturing efficiency of 273 prefecture-level and higher cities in China. The relationship between the digital economy and green manufacturing efficiency is analyzed based on this model. The rise of the digital economy is found to contribute to the increase in green manufacturing efficiency, albeit with a non-linear “inverted U-shaped” trend. At the same time, the current level of digital economy development is slowly improving but has not yet reached the inflection point of the “inverted U-shaped” curve, and digital economy development still has a positive impact on green manufacturing efficiency at the current level of development. Furthermore, government intervention is critical in moderating the inverted U-shaped link between the digital economy and green manufacturing efficiency, which has a major weakening effect.

The Impact Mechanism and Effect Evaluation of Digital Economy Development on Regional Carbon Emission Reduction: Evidence from Provincial Panel Data in China

The Impact Mechanism and Effect Evaluation of Digital Economy Development on Regional Carbon Emission Reduction: Evidence from Provincial Panel Data in China

Green finance and environmental pollution: Evidence from China

Green finance has emerged as a vital tool in addressing the dual imperatives of environmental protection and economic growth. This study investigates the relationship between green finance initiatives and environmental pollution in China. Drawing on urban data spanning from 2006 to 2021, we employ a comprehensive analysis to discern the impact of green finance policies on mitigating environmental degradation. Our findings highlight the pivotal role of green finance in reducing pollution through channels such as industrial structure optimization, energy mix transformation, and the promotion of green technology. Moreover, we identify specific conditions under which green finance interventions prove most effective, including regions characterized by robust digital economy development, competitive commercial banking, and stringent government environmental regulations. By shedding light on the nuanced interplay between green finance and environmental outcomes, this research underscores the importance of targeted policy measures in fostering ecological sustainability within China's evolving economic landscape.

Research on the Influencing Factors of Digital Economy Development in Chinese Cities

In today's context, digital economy has become a key engine of economic growth worldwide, and China, as a developing country with a high population density and a fast pace of technological development, has attracted global attention to the development process of digital economy. In the urban digital economy, the quality of its development is often affected by many factors, such as policy environment, market size, technological innovation and network security, etc. In this paper, we will take this as the background to elaborate, and hope to be able to provide reference for the relevant people.

A Comprehensive Evaluation of Digital Economy Development Level in China Based on the TOPSIS Method

A Comprehensive Evaluation of Digital Economy Development Level in China Based on the TOPSIS Method

Correction: Nong et al. Spatial-Temporal Variations and Driving Factors of the Coupling and Coordination Level of the Digital Economy and Sustainable Rural Development: A Case Study of China. Agriculture 2024, 14, 849

In the original publication [...]

Spatiotemporal Distribution and Regional Imbalance of China’s Digital Economy

The digital economy is an important driving force for promoting national economic growth and achieving high-quality economic transformation, and is a key force in achieving the sustainable development goals (SDGs). This paper measures the digital economy development level of 30 provinces in China from 2013 to 2021 utilizing the entropy of weighting approach, and in order to further reveal its intrinsic laws and differences, it uses three-dimensional kernel density analysis, the Dagum Gini coefficient, spatial autocorrelation analysis, and cold hot spot analysis to explore the spatial and temporal evolution characteristics of the digital economy and its regional imbalance. The empirical results show that ① China’s digital economy has been steadily increasing, spatially showing the characteristics of gradual decrease from east to west and from coast to inland, with obvious spatial agglomeration characteristics and an increasing trend. ② There are obvious regional imbalances in the digital economy, with the southeast coastal region leading significantly. ③ The overall regional differences are large but reduced, mainly from intra-regional differences, the and inter-regional contribution is low. The research in this paper provides data support for revealing the spatial and temporal evolution characteristics of digital economic development and provides new path support for the balanced development of China’s regional digital economy.

Thoughts and Countermeasures on the Development of Digital Economy

With the rapid development of information technology and the deepening of globalization, big data technology and digital economy, as the most important form of technological and economic change, are having a far-reaching impact on China's economic and social development. In view of the problems faced by the development of digital economy in China under the current background of big data, such as lagging institutional construction, lack of human resources, inadequate core technology and unbalanced development of related industries caused by the digital divide, this paper puts forward measures to strengthen the relevant institutional construction, attach importance to the training and introduction of talents, and promote technological innovation. In the past, it provided strategic suggestions for the healthy and stable development of China's digital economy, and also provided some reference for the development of China's digital economy.

The effect of urban capacity in knowledge recombination on digital economy development

The effect of urban capacity in knowledge recombination on digital economy development